To: Jeff Jordan who wrote (51627 ) 7/20/1999 11:34:00 PM From: Jenna Read Replies (1) | Respond to
SEEK, You are right, I wish you weren't. You saw the last newsletter was full of overbought stocks that fulfilled all 'excellent and fundamental criteria, except they were overextended" and the newsletter before had more than a hint of that. That's why I am both long and short. I saw QLGC and LGTO were virtually shouting "Short me" or in my case (buy puts). Its like running through a mine field. It's a stock selector's market where only the strong and oversold will survive. My buy on EXDS was not even planned until before the close or even tomorrow. Then I saw my sell "MARKET" order of EXDS puts go down while the stock was rising up, had I not given a market sell I'd still be holding the puts. Using the same screen I put in an orde for 10 calls in seconds at market. Then there was STMP which has been remarkable and the ones I missed like EXAP etc. I just think we are going to have short, sharp rallies and corrections and to wait for more clarity will keep you from making money.. I'm afraid it could take quite a while for that clarity.
